Blockchain professional network SpringRole has raised $1.3 million in private funding round.

The Bengaluru-based online reputation network powered by an artificial intelligence has also set for the public pre-sale of SPRING on May 15, while Public sales of the SPRING token are scheduled to launch at the end of June.

SpringRole is the first portfolio company from Science Blockchain, the blockchain-focused incubator from Science Inc, a crowdsource recruiting network powered by referrals.

Founded by Kartik Mandaville, SpringRole is building the first professional reputation network powered to eliminate fraud from user profiles. The startup is building features like directory listing, search, job board, work attestation and reputation scoring on the SpringRole platform.

It has launched a referral program which enables beta users to invite their network onto the platform in exchange for SPRING tokens, reveals company’s press statement.